Banking
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I’m looking to see if I can do bank reconciliations on the go using my Mobile App?
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My client is no longer self employed and has now set up a limited company which is where we want the transactions to be linked.
For those banking with Revolut (business account), do you treat/categorize payments with their virtual card as a credit-card payment or debit-card payment? QuickBooks recognize payment as credit-card payment but technically it's a debit card payment.Does it make a difference from an accounting perspective? how are you categorizing the payment?
Got a new bank card so direct debit didn't go through
I am trying to solve an issue and the help assistants have been beyond terrible in trying to sort it. I logged onto my Quickbooks self employed online and i am missing transactions into multiple accounts. After struggling with having to get my CSV's all sorted, i have managed to upload all of my GBP missing transactions to the accounts. I have one account where i get paid transactions in EUR. When I try to upload my CSV files into this, the transactions appear in GBP instead of EUR. I have tried putting EUR into the description, and (EUR) but both of them have not worked.
So Inutit finally seem to have resolved the issue with customer payments via PayPal being resolved correctly in the Banking screen. However, I want to have PayPal fees categorised as a Cost of Sale, as that's essentially what it is - no sale = no PayPal fee. The problem is, that it appears that in the PayPal App settings, QuickBooks only allows you to assign an Expense account to Paypal fees; has anyone got a better solution to this than having to create a journal entry every month to move the fees to the correct account? Thanks
Hello everyone!I am not able to re-connect QB to Metro Bank. Someone from the bank told me that they were not working with QB anymore. Is that the truth? If not, any hints re:linking to Metro Bank are much appreciated.Thanks,Sergey
that's it! this system stinks and I am looking for anotherI have just spent another hour trying to sort out my bank link with a lovely man. I have jumped through every hoop and it still does not work!The CIS submit system did not work last month either but I could not face the help systemAre you planning to sort these things out or is my accounts and payroll to complicate for your system. Please me know as I am losing the will to liveJacqui Lindfield Elec Services LtdI.D. [removed]
I am new to Quickbooks and need help with the following.I have a payment in the bank account from EMS -our card merchant – credit card terminal payments for £1215.51 I have worked out that it’s made up of the following invoiced payments we took on the card machine. Invoice no: 82 - £1165.21Invoice no: 83 - £60.00Invoice no: 88 - £11.00--------------------total £1236.21 EMS have taken £20.70 from that which was a partial card refund we did of £20.70 from invoice 93 This makes the total £1215.51 How do I match this to the invoices as this refund has made it £20.70 short? And can I record somewhere on invoice 93 that it's had this refund? Many thanksKathryn
HiI have read other Questions & Others regarding this issue but I am wondering if I could try this.I have entered the wrong date on one month of my credit cards and have reconcilled this. I have put August 2021 instead of August 2020, I have read that you can change individual transactions to be unreconcilled but could I change each transaction one by one in that month, would that work ? As my accountant is not being very helpful witth any issues i am having, I just really dont know what to do !Would you appreciate anyones helpThanks in advance
With monthly wages I can easily MATCH my bank transaction with the journal entry automatically created from payroll. Im struggling however with the HMRC liabilities. Each month I have various HMRC liabilities for two employees (PAYE, NI etc). We make a single QUARTERLY HMRC payments to cover these liabilities thus I have multiple journal entries which Im trying to match to a single bank transaction. Is this possible?
So yesterday i amended my opening balance in Quickbooks and both quickbooks and banking figures matched. However today after matching pdq payments and adding supplier expenses the figures once again don't match - please help!
At import stage, I get the red exclamation mark and no date is shown. Have tried with .txt and .CSV formats and there are no extraneous characters in the file. Any suggestions welcome.
It's now 53 days since we were last able to update our transactions via our bank connection to HSBC and way longer than that since our savings accounts were connected. Whilst we appreciate this is something the HSBC engineers need to fix surely QB can bring some pressure to bear here. In this COVID situation cash flow is king and the hassle of uploading manual transactions the whole time is really admin intensive. Please can you update us on when this is likely to be fixed as we're paying for a service that isn't working properly. We're very clearly not QB Online.
I no longer use a bank account and its not been used for over 15 months how can i delete it from quick books account
Hi, I am new to quickbooks and am wanting to use it as a quick and easy way to record transactions, particularly for VAT.I normally transfer an amount of money from my business account to my personal account every week, and then at the end of the year I work out how much of this is a dividend, wage or personal renumeration with my accountant.In the meeantime, how do I record these transfers on quickbooks?Can I put them down as a 'transfer to directors current account'? Or is that the wrong catergory? Many thanks
